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Multifamily

401 N Ogden Dr

401 N Ogden Dr, Los Angeles, CA 90036

Listing Price: $3,375,000

Cap Rate
3.49%
Number of Units
8
Occupancy
3.0%
Price/Unit
$421,875
Price/Gross SF
$486.87
Gross SF
6,932

Investment Overview

We are pleased to present 401 N Ogden Drive, a two-story apartment building located in the desirable neighborhood of Miracle Mile, just north of Beverly Blvd. Situated on a 6,986 SF lot, the property offers 6,932 rentable SF. The current unit mix consists of eight (8) one-bedroom/one-bathroom units. 401 N Ogden Drive has been under the same ownership for many years, offering investors the perfect opportunity to purchase an investment property with huge upside potential, which could be achieved through the interior and exterior renovations. The property is within close proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining venues.

Investment Highlights

  • Value Add
  • Steps from The Grove
  • Carport Parking

Exclusively Listed By

Financing By

Multifamily

401 N Ogden Dr

Listing Price: $3,375,000

Cap Rate
3.49%
Number of Units
8
Occupancy
3.0%
Price/Unit
$421,875
Price/Gross SF
$486.87
Gross SF
6,932

Investment Highlights

  • Value Add
  • Steps from The Grove
  • Carport Parking

Investment Overview

We are pleased to present 401 N Ogden Drive, a two-story apartment building located in the desirable neighborhood of Miracle Mile, just north of Beverly Blvd. Situated on a 6,986 SF lot, the property offers 6,932 rentable SF. The current unit mix consists of eight (8) one-bedroom/one-bathroom units. 401 N Ogden Drive has been under the same ownership for many years, offering investors the perfect opportunity to purchase an investment property with huge upside potential, which could be achieved through the interior and exterior renovations. The property is within close proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining venues.

Exclusively Listed By

Financing By

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